10 things you need to know in markets today

People fight with pillows during World Pillow Fight Day in Vienna, April 2 2016.
Leonhard Foeger
Good morning! Here's what you need to know in markets on Monday.

It's a big week of economic data in Europe. Eurozone unemployment figures and producer prices for the last month will be released on Monday, followed by Markit's Purchasing Managers Index numbers for the services and manufacturing sectors — as well as a composite figure — on Tuesday.

Negotiations between Greece and its creditors are set to resume this week. Negotiators will conclude a key bailout review, which will pave the way for negotiations on long-desired debt relief. The review has been adjourned twice since February, mainly due to a rift among the lenders over the estimated size of Greece's fiscal gap by 2018, as well as disagreements with Athens on pension reforms and the management of bad loans.

Deutsche Bank has slipped down a prominent investment banking league table. Deutsche fell from its position as a top three global investment bank in research house Coalition's ranking this quarter despite retaining that position since before the financial crisis in 2007/2008. It has now moved to fifth place, below Citigroup and Bank of America which both held joint third position and below Goldman Sachs in second place and JPMorgan in first place.

Virgin America is on the brink of being sold. The US arm of Virgin's airline, is set to announce its sale to Alaska Air on Monday. The Financial Times reports that the deal will be worth about $2bn — or roughly $55 a share, according to a person familiar with the matter.